How To Get A Really Good Credit Score

In the inaugural episode of "The New Financial Basics," Holly Trantham, TFD's Creative Director, discusses the importance of building a good credit score, especially for young adults navigating the financial landscape of the 2020s. The episode highlights the significance of credit scores in various aspects of life, such as securing loans, renting apartments, and even employment opportunities. Holly explains how credit scores are calculated, detailing the differences between VantageScore and FICO models, and offers actionable tips for building credit, including lowering credit utilization, using secured credit cards, becoming an authorized user, and utilizing rent reporting services. The episode also touches on the integration of Buy Now Pay Later (BNPL) apps into credit scoring models, cautioning listeners to use these services responsibly. The podcast promotes Fizz, a credit and money app designed for young adults, offering a free trial with the code TFD.